£1,166,200
(£59.34/sq. ft)
Industrial for saleAshton Road, Marsh Barton Trading Estate, Exeter EX2, Exeter
19,653 sq. ft
About this property
Multi-let industrial and leisure investment in a high-profile location
Offered with a new 125 year lease from Exeter City Council
Approximately 19,653 sq ft of warehousing and offices
Asset management and redevelopment opportunities to maximise value
Passing rent roll of £111,150 per annum
Long leasehold opportunity with secure income
Net initial yield of 9%
Low capital value of £59.00 per sq ft
Originally constructed as industrial units for Hills Electrical, the main building was extended with offices added to the Ashton Road frontage. To the rear are 6 terraced units.
Units 1-3 all have the same basic configuration, benefitting from a minimum eaves height of 3m, whilst units 4-6 benefit from a minimum eaves height of 3.6m.
The units have a shared yard measuring 9.4m suitable for vehicle parking and loading. The play centre has parking at the front and rear.
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£5,833 per month
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